We are pleased to announce the posting of the Loan applications for the CHEFA Revolving Loan Fund Program. Loan applications will only be accepted during the Application Acceptance Window, which opens on June 15, 2020 and closes on June 29, 2020. The Loan applications and the Annual Funding Cycle Notices can be found below.
CHEFA is pleased to announce our intention to issue loans through the CHEFA Revolving Loan Fund Program. This Program was established in order to assist CHEFA clients who are suffering a financial impact from the COVID-19 pandemic. CHEFA is making funds available to provide low-cost financing to eligible CHEFA clients for working capital purposes. The Annual Funding Cycle Notices attached provides the terms of the loans, eligible borrowers and eligible uses of the loan proceeds.
On Wednesday May 20, 2020, the CHEFA Board of Directors approved the creation of the CHEFA Revolving Loan Fund Program and the availability of $1M to provide low-cost financing to eligible CHEFA clients for working capital costs.
May 20, 2020-The Connecticut Health and Educational Facilities Authority (CHEFA) awarded more than $1 million in grants to assist education, healthcare, childcare, and cultural organizations throughout Connecticut.
(HARTFORD, CT) – Governor Ned Lamont today announced the statewide expansion of a program that will make free online learning licenses available to recipients of unemployment insurance, including those who have been impacted by the economic fallout of the COVID-19 public health crisis.
In response to the rapidly changing and challenging COVID 19 environment, we wanted to provide you with an update on measures we’ve taken to ensure the safety of our employees and clients. Like many organizations, we are following Governor Lamont’s guidance and all CHEFA staff have been working remotely since March 16. We remain committed to addressing client needs with the same responsiveness and expertise that you have come to expect from us.